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Key Leadership Appointments

Key Leadership Appointments

Appointment of Mr. Mo Yang as Chairman and CEO

Avenira is pleased to announce the appointment of Mr. Mo Yang as Chairman and Chief Executive Officer (CEO). Mr. Yang brings extensive experience in strategy, business performance and funding that aligns with Avenira’s objectives in developing the Yellow Phosphorous project at Wonarah. Mr. Yang holds a Master’s Degree in Accounting and is a Certified Practicing Accountant (CPA) with CPA Australia.

A summary of the material terms of Mr. Yang’s appointment are as follows:

Leadership Transition: Mr. Brett Clark

In conjunction with Mr. Mo Yang’s appointment, Mr. Brett Clark, who has successfully led the company as Chairman and CEO, will transition to the role of Deputy Executive Chairman. With Brett’s background of project development including Project Owner’s key representative for Marandoo (Rio Tinto) development, construction and operations of first mine; Board Director (Oakajee) and Project Director (Murchison) for multi $billion Oakajee Port and Rail project, a Mitsubishi/ Murchison JV; and CFO / Financial Controller Tethyan Copper Company, Reko Diq Project Development (Barrick Gold/ Antofagasta Limited), the worlds 4th largest Copper/ Gold discovery2 places Avenira in good stead with respect to project development.

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